Longest bull market in history officially ends – Ep 545

Longest bull market in US history is officially over and it’s the fastest we’ve ever gone from record highs to a bear market.

The same financial anchors who said not to worry about the banks in 2008 are saying the same thing now.

Dollar gained on yesterday’s strength, but still in a downtrend. Gold prices acting very similar to 2008.

Biden can’t lost and Trump can’t win.

Kudlow saying the same nonsense he was saying as a cheerleader of the President’s economy, except now he’s actually a player in it.

Inflation, even the way the government measures it, is breaking out of its slumber.

Companies more afraid than ever of legal consequences.

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Comments (2)

Roberto Rogan

I can't imagine a better scenario for Schieff theories. Debt, oil and pandemia. The fact is that nor gold nor Btc is a safe harbor. Besides the huge American debt, DOLLÁR is. What Peter fails to see is that there a new paradigma in place. Gold will not sky rock and BTC will not vanish in dust. Who ever has gold is now selling it to by stocks for a very low price. Central banks is providiymg liquidity and
in few month everything will be back to normal. Peter have been talking about this scenario for at least 9 years, now it is a fact and all his theories is under water. So, don't buy gold, stocks and some BTC, and keep most of the money in the real safe harbor ever...the USD.